Granada Gold Mine (CVE:GGM) Stock Price Up 40% – Still a Buy?

Granada Gold Mine Inc. (CVE:GGMGet Free Report) rose 40% on Wednesday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 241,828 shares changed hands during mid-day trading, an increase of 191% from the average daily volume of 83,243 shares. The stock had previously closed at C$0.03.

Granada Gold Mine Stock Performance

The firm has a fifty day moving average of C$0.03 and a 200 day moving average of C$0.03. The firm has a market capitalization of C$5.56 million, a PE ratio of -3.50 and a beta of 2.55.

Granada Gold Mine Company Profile

(Get Free Report)

Granada Gold Mine Inc, a junior mining and exploration company, acquires, explores for, and develops mineral properties in Canada. It explores for gold deposits. The company holds a 100% interest in the Granada gold property, which owns 14.73 square kilometers of land in a combination of mining leases and claims located in Rouyn-Noranda, Quebec.

Featured Stories

Receive News & Ratings for Granada Gold Mine Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Granada Gold Mine and related companies with MarketBeat.com's FREE daily email newsletter.